The excitement around speech recognition is real: it has the potential to power the next wave of modern applications and give businesses and vendors a competitive advantage. But, with excitement comes misaligned expectations. Speech recognition is a messy, tough and persistent problem for enterprises, one that has languished under existing technology providers for decades. At Deepgram we have been working to change that by rebuilding speech recognition from the ground up. Today, we celebrate a key milestone on our path with a $12 million Series A round led by Wing VC, with participation from NVIDIA, Y Combinator, Compound and SAP.iO.